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PPC makes cement cartel admission, South Africa

Pretoria Portland Cement (PPC) on Wednesday admitted that internal investigations have revealed that the company was involved in market-sharing arrangements with other cement producers in the late...
News - 11 November 2009

Lafarge Seattle to shut down for more than 30 days

Lafarge’s Seattle plant will be shut down for approximately 32 days "due to full inventory" according to Plant Manager Richard Sebastianelli. A letter has been sent from Sebastianelli advising Com...
News - 06 November 2009

Lafarge reports higher earnings but outlook mixed

Lafarge’s turnover declined by 14.9 per cent to €12,243m in the first nine months of 2009 and the EBITDA was down by 20.9 per cent to €2832m. The company reported 3Q earnings of €404m, some €8m be...
News - 06 November 2009

RBS keeps "sell" on Lafarge ahead of Q3 earnings

RBS reaffirmed its "sell" rating with a target of EUR 29.4 on Lafarge ahead of the publication of its third-quarter results on November 6. RBS expects an underlying net profit of EUR310m  in the ...
News - 04 November 2009

ARM reports 33 per cent rise in pre-tax profit

Kenya’s cement-maker Athi River Mining (ARM) recorded a 33 per cent rise in pre-tax profit for its nine month trading period ended September 2009 to Sh677m, the company said in its financial state...
News - 03 November 2009

LafargeCement wins rmc contracts

Lafarge Cement Ltd UK won a GBP3.6m (excluding VAT) multiple awardees contract award from Sheffield City Council for ready mixed concrete. According to description: "The supply of aggregates and ...
News - 02 November 2009

Kenya’s Bamburi says won’t sell EAPC shares

Kenya’s Bamburi Cement has no plans to sell its stake in rival East African Portland Cement (EAPC) after exiting another competitor, Athi River Mining the company said on Tuesday. Bamburi sold mo...
News - 28 October 2009

Turkish cement – little delight for local producers

The prospects for the Turkish cement market are looking increasingly dim, at least over the next 2-3 years. Domestic demand for 2009 is expected to have fallen by around 10 per cent to approximate...
International Cement Review Editor's Blog - 27 October 2009

Sugar Creek must wait on Lafarge decision

It might be December or January before residents know whether a limestone mining proposal can move forward in Sugar Creek. About 50 protesters demonstrated Monday night outside Sugar Creek City H...
News - 27 October 2009

Lafarge’s Nigerian unit Q3 pretax profit drops 21 per cent

Lafarge Cement WAPCO , the Nigerian unit of the world’s biggest cement maker Lafarge, said on Thursday its third-quarter pretax profit fell 21.35 per cent to 7.09bn naira (US$47.76m) from the prev...
News - 23 October 2009